Data were collected on the following variables: turnover rate, job growth, numbe
ID: 3157719 • Letter: D
Question
Data were collected on the following variables: turnover rate, job growth, number of employees, and innovative index in a sample of firms was selected from the high tech industry (Industry = 1) and the financial services sector (Industry = Which of the following independent variables are significant in this regression equation at = .05?
Dependent Variable is Turnover Rate
Predictor Coef SE Coef T P
Constant 9.2439 0.7871 11.74 0.000
Innovative Index -0.02402 0.01524 -1.58 0.134
Job Growth -0.50127 0.07287 -6.88 0.000
Employees 0.0006144 0.0005461 1.13 0.276
Industry -2.8329 0.4699 -6.03 0.000
Explanation / Answer
The independent variables are Innovatve index, job growth, Employees and Industry
H0: The regression Coefficient is zero
H1: The regression Coefficient is not zero.
Given the LOS ba alpha = 0.05
The p-value of innovative index is 0.134 > alpha (0.05), we accet H0.
Thus the regression coeffiicient is zero. It is not significant in this regression equation
The p-value of job growth is 0.000< alpha (0.05), we reject H0.
Thus the regression coeffiicient is not zero. It is significant in this regression equation
The p-value of job employees is 0.276 > alpha (0.05), we accet H0.
Thus the regression coeffiicient is zero. It is not significant in this regression equation
The p-value of job industry this 0.000< alpha (0.05), we reject H0.
Thus the regression coeffiicient is not zero. It is not significant in this regression equation
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